The Economic Benefit of HS2
As one of the first and most critical railway towns in the UK, Crewe has an unrivalled 175-year history of railway engineering and expertise, and is home to some of the UK’s most advanced rail manufacturing, testing and engineering centres.
The creation of the HS2 linkage will boost Crewe’s economy. The current economy is focused on engineering and manufacturing, with a number of notable successful businesses. However, a rapid link to London and other major cities, coupled with excellent motorway links, significant predicted demand in the economy and attractive land values creates a perfect combination to attract decentralised office markets, regional hub employers and major retailing.
The Council argues that Crewe is the only place in the North West that will truly create the opportunity for decentralisation of the economy outside of London and the South East. It is believed it can be a place where major employers can easily and rapidly locate office operations, call centres, staff hubs, logistics operations and research and development environments, whilst still having the direct and rapid connectivity to London and the South East that will be provided by HS2.
The development of a HS2 Hub Station in Crewe will build on this to ensure that Crewe becomes one of the world’s leading engineering and heavy industry manufacturing locations. The long term vision is for a town which is a nationally significant economic centre; one of the leading advanced engineering and manufacturing centres in England; and a sought-after place not only in Cheshire but the UK as a whole.